01 October 2007 17:47 [Source: ICIS news]
By Nigel Davis
LONDON (ICIS news)--Cracking news from the first full day of the 41st European Petrochemical Association meeting shows in sharp contrast how players in different regions and stages of development are exploiting investment opportunities to further their growth.
Reliance will make use of refinery feeds from its world scale ?xml:namespace>
An on-stream date of 2010 to 2011 has been suggested but looks ambitious.
This business is all about grasping opportunities when and where you can and Reliance has many as its brand new refinery comes on-line around 2009.
But in Europe, and in now in
To that end, Shell’s decision to invest further in Moerdijk to crack heavier hydro wax feed makes a great deal of sense.
Shell has a “strategy for the heartlands” in chemicals that applies to Europe and the
Running its downstream businesses, including chemicals and refining, much more closely together is changing things at Shell.
Hydro wax feed for the Moerdijk cracker will be taken from the nearby Pernis refinery to start with but the chemicals business may be able to tap in to other refinery sources.
Shell has been thinking about introducing more feedstock flexibility into Moerdijk and to tap into the availability of lower cost feed for some time. Its decision now follows on from the $150m spend on the cracker in the most recent maintenance turnaround on turbines and other equipment peripheral to the cracker itself.
Alongside the cracker furnace re-builds Shell is investing in Pernis IPA (isopropyl alcohol) and flexible polyols further evidence of a company in
Cracker operators in Europe face different issues at different plants across the continent but have to decide how to best maintain plants which typically are decades old.
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